Fullerton, CA 92831,2024 E Whiting Ave
Fullerton, CA 92831,2024 E Whiting Ave
Fullerton, CA 92831,2024 E Whiting Ave
Fullerton, CA 92831,2024 E Whiting Ave
Fullerton, CA 92831,2024 E Whiting Ave
Fullerton, CA 92831,2024 E Whiting Ave
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$1,820,000

$1,810,000

0.6%
Est.Price: ?

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Est. payment /mo

7,074 Sqft Lot


SOLD DATE : 10/20/2021

Key Details

Sold Price $1,820,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Classic Homes (Clas)

MLS Listing ID PW21154134

Sold Date 10/20/21

HOA Y/N No

Year Built 1961

Lot Size 7,074 Sqft

Property Description

2024 E. Whiting Avenue is a rarely available 6 unit apartment complex in the city of Fullerton. The subject property is desirably comprised of majority two bedroom units making this asset in demand to investors and tenants. Additionally, tenants are provided garage parking, on-site laundry, air condition and secured entry with a private courtyard. Renters also benefit from the property’s proximity to Downtown Fullerton (approximately 2 miles) and Cal State Fullerton University (approximately 1 mile) as wells it’s convenient access to the 57, 91 & 5 Freeways allowing expedient travel throughout Orange & Los Angeles County. The property has been well maintained by the existing ownership with two of the units seeing full interior renovations. Great upside potential will allow the new owner to increase rents quickly while continuing the upgrading of the property and substantially improving the return on investment. All of these attributes attract long term renters at elevated rent levels leading to exceptional returns for the new investor in this complex.

Location

State CA

County Orange

Area 83 - Fullerton

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Street Lights

Total Parking Spaces 6

Private Pool No

Building

Lot Description Lawn, Yard

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Senior Community No

Tax ID 26909303

Energy Description 2216.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Rick Applebaum • Morgan Skenderian
Bought with Michael Arp • Morgan Skenderian
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